Form 990 for tax year 2024
Filed by KOREAN GOSPEL BROADCASTING COMPANY INC.
Totals
- Total revenue
- $1,421,373
- Total expenses
- $1,738,412
- Contributions and grants received
- $1,419,980
- Grants paid
- $227,190
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $1,393
- Total assets, end of year
- $4,541,649
- Total liabilities, end of year
- $1,985,282
- Net assets or fund balances, end of year
- $2,556,367
- Program services expenses (Part IX)
- $1,055,368
- Management and general expenses
- $555,233
- Fundraising expenses
- $127,811
- Program service expenses (Part III)
- $1,055,368
Program services were 60.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Listed in Part VII
-
YOUNG SUN LEE
President
- Total calculated
- $51,000
- From this org
- $51,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
YU CHUL CHIN
Director
- Total calculated
- $0
- Hours/week
- 1
-
PAUL GI HONG HAN
Executive Dir.
- Total calculated
- $0
- Hours/week
- 1
-
JOON SIK KIM
Director
- Total calculated
- $0
- Hours/week
- 1
-
SEUNG HEE DAVID KO
Director
- Total calculated
- $0
- Hours/week
- 1
-
HYUK BEEN KWON
Director
- Total calculated
- $0
- Hours/week
- 1
-
JOSHUA NAM
Director
- Total calculated
- $0
- Hours/week
- 1
-
BYUNG JOO SONG
Director
- Total calculated
- $0
- Hours/week
- 1
-
CHONG H YIM
Director
- Total calculated
- $0
- Hours/week
- 1
-
YUN KWON KOOK
Director
- Total calculated
- $0
- Hours/week
- 1
-
BONGJU KOO
Director
- Total calculated
- $0
- Hours/week
- 1
-
DANIEL CHANGHYUN KO
Director
- Total calculated
- $0
- Hours/week
- 1
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
KOREAN GOSPEL BROADCASTING NETWORK
501c3 · HOLD AND MANAGE AM 1190 RADIO STATION · CA
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 14 May 2025
- IRS schema version
- 2024v5.1
- Source object
- 202541349349310219
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